Investment property - flat let on AST at £4,200 pa
A spacious, self contained, first floor flat conveniently situated in the Town centre. The property is currently let on an Assured Shorthold Tenancy at £4,200 pa producing a gross yield of 14% mid guide and briefly comprises:- large living room with kitchen area, bathroom, two bedrooms and boxroom. Flat 2, the identical vacant flat above is also available in the same auction.
Tenure
Leasehold
Living room / kitchen - 20' x 14'9
Bathroom - 7'6 x 4'
with bath, basin and WC;
Boxroom - 8'6 x 6'
Bedroom - 10'9 x 9'
Bedroom - 10' x 7'9
Outside
Access is via an external staircase from gated yard.
Assured Shorthold Tenancy
The property was let in November 2016 on an AST at a rental of £350 per calendar month payable 6 months in advance.
Tenure
Long leasehold - 99 years from October 2010
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Allerdale Borough Council
Solicitors
Beaty & Co, 1 Victoria Place, High Street, Wigton, CA7 9PJ, Ref: Pam Enon, Tel: 016973 42121
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £720 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.